Report to the G20 Brisbane Summit on the FSBs review of the英文资料.pdfVIP

Report to the G20 Brisbane Summit on the FSBs review of the英文资料.pdf

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6 November 2014 Report to the G20 Brisbane Summit on the FSB’s review of the structure of its representation 15-16 November 2014 At the G20 St Petersburg Summit (September 2013), the Heads of State and Government of the Group of Twenty asked the FSB to report on its review of the structure of its 1 representation to their next Summit . The review has since been completed, and this report presents the measures agreed by the FSB. The measures seek in particular to strengthen the voice of emerging market and developing economies (EMDEs) in the FSB while also preserving the effectiveness of its decision making process. The FSB seeks Leaders’ endorsement of these measures, as follows: I. Review of representational structure of the FSB PRINCIPLES UNDERLYING REPRESENTATION IN THE FSB 1. The FSB agreed that the following broad principles should be applied in the review of the representational structure of the FSB: • The effectiveness and the representativeness of the FSB’s current representational structure should be maintained. Consistent with this objective, the current number of 70 Plenary seats should be regarded as the upper limit (to be applied flexibly); • Objective criteria of economic and financial size for determining jurisdictions’ FSB membership and Plenary seat allocations should be retained; and • Adopting a constituency-based membership in the FSB for enhancing its representativeness would be inconsistent with the nature of the underlying FSB membership, which consists of indi

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